Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Grows By 24.8%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,020,000 shares, a growth of 24.8% from the February 28th total of 817,400 shares. Based on an average daily trading volume, of 2,077,600 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1 %

Shares of VMBS opened at $46.31 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59. The stock has a 50 day moving average of $45.87 and a 200-day moving average of $45.97.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

A number of institutional investors and hedge funds have recently modified their holdings of VMBS. Ellis Investment Partners LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 3.4% during the fourth quarter. Ellis Investment Partners LLC now owns 7,764 shares of the exchange traded fund’s stock worth $352,000 after acquiring an additional 252 shares during the period. Richard W. Paul & Associates LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 11.8% during the 4th quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 257 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the 4th quarter. Farther Finance Advisors LLC now owns 11,817 shares of the exchange traded fund’s stock worth $536,000 after purchasing an additional 259 shares during the last quarter. FSB Premier Wealth Management Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 0.9% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 32,602 shares of the exchange traded fund’s stock valued at $1,478,000 after purchasing an additional 286 shares during the period. Finally, Brighton Jones LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 4.6% during the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 347 shares during the last quarter.

About Vanguard Mortgage-Backed Securities ETF

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index).